Philadelphia · Belmont · #CP-2024-006031
716 N 40th St
716 N 40Th St, Belmont, PA · 12 homes, apartments
About this project
A new three-story building with a cellar and private roof deck, planned for twelve dwelling units at 716 North 40th Street in the Belmont area of Philadelphia. Amendments approved in 2026 revised the cellar and first-floor layouts and structural details.
Official description: NEW CONSTRUCTION OF A THREE (3) STORY BUILDING WITH CELLAR AND PRIVATE ROOF DECK WITH PILOT HOUSE FOR USE AS TWELVE (12) DWELLING UNITS AS PER APPROVED PLANS. BUILDING TO BE FULLY SPRINKLERED PER NFPA 13. *2018 IBC REVIEW* **SEPARATE PERMITS REQUIRED FOR MEP & FIRE SUPPRESSION WORK** AMENDMENT APPROVED 6/14/26 AMEND NEW CONSTRUCTION PERMIT CP-2024-006031 FOR FLOOR LAYOUT AND STRUCTURAL CHANGES AS PER APPROVED PLANS. AMENDMENT APPROVED 9/12/26 AMEND NEW CONSTRUCTION PERMIT CP-2024-006031 FOR CHANGES TO CELLAR AND FIRST FLOOR LAYOUTS AS PER APPROVED PLANS. AMENDMENT APPROVED 10/3/26 AMEND NEW CONSTRUCTION PERMIT CP-2024-006031 FOR CHANGES TO CELLAR AND FIRST FLOOR LAYOUTS AS PER APPROVED PLANS.
- Applicant
- 41 DEVELOPMENT LLC
- Contractor
- Eugene Naydovich
- Plan type
- Building permit (new construction)
- Land use
- R-2 Residential (>2 Dwellings)
- Status
- Permit issued
Filing history
- 2026-03-03 · #CP-2024-006031 · Building permit (new construction) · 3 lots/units
The full picture AI research · Nov 1, 2026
The project is a new three-story apartment building with a cellar at 716 North 40th Street in Belmont, West Philadelphia. It would hold twelve homes and have a private roof deck reached through a small rooftop stair enclosure. County records say 2026 amendments changed the cellar and first-floor layouts and some structural details.
The lot is about 3,450 square feet. The building would stand roughly 38 feet tall. A local news report puts the new construction at about 10,000 square feet, with a permit-listed construction cost of $650,000. The site is in a zoning district that allows multifamily housing. The report does not say what is on the lot now.
The city's Zoning Board of Adjustment approved the project, and a zoning permit followed in September 2023. The approval requires the front of the building to line up with its neighbors. It also limits the roof deck to mechanical access. No organized opposition was found. One online reader commented that the plan has no off-street car parking. Nothing was found about who will live there.
What it could mean nearby
- Adds twelve homes on a small lot near existing transit routes.
- Five bicycle parking spaces are planned at ground level.
- No off-street car parking was reported, so residents' cars could add to demand for street parking.
- Construction will bring typical building-site noise and truck activity to the block.
Where it stands
Permits have been issued and the project is in the construction stage, after zoning approval and later plan amendments. Next comes inspections during construction, then final inspection and a certificate of occupancy before anyone moves in.
- Mar 5, 2026 Local news reported that building permits were issued for the 12-unit building
- Mar 3, 2026 Latest county filing, including approved plan amendments
- Sep 2023 Zoning permit issued after Zoning Board of Adjustment approval
Want to weigh in? The zoning approval is already granted, so the Philadelphia Department of Licenses and Inspections handles remaining permit and inspection matters, and residents can raise construction concerns with that department or through 311.
Who's behind it
41 Development LLC · The company is listed as owner of this site and of other small apartment buildings on North 40th Street in Belmont, including a seven-unit project at 822 North 40th Street.
Around the web
- Permits Issued for 12-Unit Residential Building at 716 North 40th Street in Belmont, West PhiladelphiaPhilly YIMBY · Mar 5, 2026Reports the permits, the lot and building size, the zoning approval and conditions, and the contractor, architect and owner.
- 41 Development LLCPhilly YIMBYLists other small apartment projects in Belmont owned by the same company.
Planning terms explained
- Zoning Board of Adjustment
- The city board that decides whether a project may depart from the standard zoning rules for its lot.
- RM-1
- A residential zoning district in Philadelphia that allows multifamily housing.
- Proviso
- A condition attached to a zoning approval that the project must follow.
- Cellar
- A floor below ground level, usually used for storage or utilities.
- Pilot house
- A small enclosure on a roof that covers the stairway leading to the roof deck.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $2.9M
- ~72 roofing squares
- ~12 HVAC systems
- ~12 kitchens / 24+ bathrooms
- ~12,000 sq ft of finished living space